A sustainable housing development – Kew, NSW
THE HOMEDALE PROJECT – OUTLINE INFORMATION SUMMARY now available for sophisticated investors.
The Company is seeking financial support for the development of a sustainable intergenerational residential village known as Homedale. This project has an approved DA based on a master plan for sustainability. It offers integrated infrastructure consisting of clean technology, renewable energy and water utilities, sanitation and drainage systems.
These systems support low carbon emissions that will underpin a subdivision of 66 residential lots with central community amenities. This best practice sustainable subdivision master plan, was designed by the award-winning architect (the late) Ian Bailey and designer Annie Georgeson. Their years of hard work and vision underpin this proposed development at Homedale (also known as The Chimneys because of the historic heritage listed chimneys on-site). A full Outline Information Summary (OIS) is available on request. Below you will see a brief summary of headings contained within the document for sophisticated investors and potential joint developers. View the video introducing the Homedale project and the beautiful area of Kew in the Camden Haven on the mid north coast of NSW.
THE HOMEDALE PROJECT: The Company is seeking financial support for the development of a sustainable intergenerational residential village known as Homedale. This project has an approved DA based on a master plan for sustainability. It offers integrated infrastructure consisting of clean technology, renewable energy and water utilities, sanitation and drainage systems… (Further details contained within the OIS document available on request)
FHML is seeking to raise A$7 million from professional and sophisticated investors. The funds raised will be used principally to finance the acquisition of the property, the development of the infrastructure for the Homedale project and the costs involved in the sale of the lots. For the purposes of our OIS, it is proposed that investors will be offered redeemable preference shares in FHML at A$2 per share with a dividend payment equivalent to 6% per annum. It is anticipated that the funding and dividends will be fully repaid within 6 years. The Company may agree with investors an alternative structure for the provision of the funding…. (Further details are contained within the OIS document available on request)
Future Habitats has an agreement to enter into an option to acquire the Homedale site from the existing owner. Future Habitats will exercise the option on successful completion of the fundraising…
COMPLETION OF THE INFRASTRUCTURE AND SALE OF THE LOTS
Future Habitats will be responsible for appointing the specialist contractors to implement the construction of the infrastructure for the Homedale village. Future Habitats will project manage the completion of the infrastructure for the development. It is proposed that the lots will be sold in phases as determined by Future Habitats. Lots will be made available for sale on the completion of the sustainable estate infrastructure, services and amenities…
THE BOARD OF FUTURE HABITATS – click for details
(Further details are contained within the OIS document available on request.)
The Homedale project is based on a master plan by award winning architect, the late, Ian Bailey for sustainable residential developments. It responds to a growing desire for housing that creates self-sufficient human ecologies capable of producing an abundance of human scale economic, environmental and social outcomes.
The Homedale project will be developed by Future Habitats to integrate resource re-use capacity into the design and construction of sustainable infrastructure underpinning the development. This will encompass off-grid site services including renewable energy, water harvesting and food production, alongside onsite waste recycling and sewage management facilities… (Further details are contained within the OIS document available on request)
Sustainability can be defined as the synchronisation of three organising principles: economic growth, environmental protection and social equality. This thinking is clearly reflected in the comprehensive practical design of this development’s features and services. Architects and builders will plug directly into the sustainable infrastructure built into the foundations of the 15 hectare site… (Further details are contained within the OIS document available on request…. including details on EXISTING EOLOGY | WATER SUPPLY | STORM WATER RE-USE | FOOD | ENERGY | SUB-DIVISION DESIGN | ROAD CONSTRUCTION | ZERO EMISSIONS | COMMUNITY FACILITIES )
It is proposed to establish the Homedale Educational Trust as a collaboration between Future Habitats, the Homedale Village and academic institutions (UTS, University of NSW, Newcastle and Charles Sturt University). This working partnership will facilitate research and development programmes targeting specific sustainability initiatives. Homedale will be utilised as a practical example of sustainability; a potential hub for undergraduate and postgraduate studies and an opportunity to utilise the onsite educational centre to monitor and share research data. This research will be used by Homedale residents; inform ongoing design imperatives for further Future Habitats’ projects and will be made available to a wider network of interested stakeholders.
Homedale Village is located at Kew, connected by train to the cities of Sydney and Brisbane, on the Mid North Coast of NSW, on the east coast of Australia. The region has also benefited from a number of recent infrastructure projects including significant highway improvements. About 4 hours drive north of Sydney, 30 minutes south of Port Macquarie, and a short 10-15 minute drive to beautiful beaches and the bustling village of Laurieton and picturesque Dunbogan. (Further details are contained within the OIS document available on request…. including details on the migration flows and facilities within the Port Macquarie Hastings area.)
….The development at Homedale by Future Habitats brings together the aspirations of a burgeoning LOHAS consumer community, industry groups ready to engage state of the art sustainable construction technologies and investors who are more informed and concerned with the environmental and social impacts of their investment dollar. This development responds to the demand by investors and buyers for buildings with the highest possible sustainability credentials and is designed to establish a leading best practice example of responsive sustainable housing, creating assets for the future that meet the needs of today’s community…. (Further details are contained within the OIS document available on request…. )
Future Habitat’s project partners that have contributed to the design are comprised of successful forward thinking engineers, designers, planners, architects, environmentalists, health practitioners and community builders. They will collaborate with social entrepreneurs and commercial developers to deliver a next generation housing solution that spans the built and natural environment. This group includes leading sustainable architects that will provide low impact modular buildings that scale to high-density developments…. (Further details and a list of founding Partners are contained within the OIS document available on request…. )
…Homedale is the first project that will bring a wrap-around approach to the application of renewables, clean technology and sustainable living… The project will provide profitable avenues and an opportunity for ethical investors and carbon divesters to relocate their resources into re-imagined relevant sustainable economies for this and future generations; realising financial and social return on investment. Homedale will create the model upon which Future Habitats will seek to generate independent sustainable environments that will continue to scale up with each development ensuring a sustainable future beyond carbon economics.,,
(Further details are contained within the OIS document available on request…. )
If the preceding information contained within our Outline Information Summary document is of interest to you as a sophisticated investor or a joint developer please contact Future Habitats Foundation. Use the online request form to request a copy of the full OIS which, to the qualified applicant, will also include the following details:
LAND TITLE & DETAILS | OPTION TO PURCHASE TERMS | OUTLINE DEVELOPMENT TIMING | BUDGET & FINANCIALS | PROJECT INFRASTRUCTURE BUDGET | QS ESTIMATES | TOTAL CONSTRUCTION COSTS | PROJECTED PROFIT & LOSS | INFRASTRUCTURE SCHEDULE OF WORKS | OUTLINE MARKETING PLAN